Burnett had Raynes on to discuss the fraud charges against Goldman Sachs. He thanked her for inviting him, and then promptly began insulting her show and personally going after CNBC's Jim Cramer, a Goldman Sachs alum who was also on the panel.

Raynes accused Burnett of only having guests on who are "public relations officers for Goldman," then asked her if "it's okay if I'm a little critical." Burnett objected to his charge, but Raynes had already moved on to insulting the intelligence of Cramer: "I want to remain shallow in deference to Mr. Cramer."

Raynes made a couple points against Goldman before Burnett cut to commercial, telling the audience, "We'll be back in just a second. Sylvian will not be with us. Sylvian, got to be more polite than that."

The whole exchange is bizarre, including the casually monotone voice in which Raynes let's his insults fly.